Post on 02-Jan-2016
transcript
School Finance Case Study: Mock Budget
Hope Creek Elementary
Nafeesha Irby, Karyn Pleasant, Katie Row, Cindy Miller-Walker
Welcome to Hope Creek Elementary
Grade Levels: K-5th Student Population: 563Teacher Population: 28Teacher:Student Ratio: 1:23.5Parental Involvement: 85%Title I School2013-2014 Academic Focus: Literacy for All
Budget Overview
Instructional Supplies-State: $14,075.00Instructional Supplies-Local: $ 7,630.00Copier Services: $8,445.00School Office Supplies: $713.00Title I Funds: $180,000Field Trips: $5663.00Janitorial Supplies & Materials: $3,941.00
Instructional Supplies
Technology Pilot: Barnes & Noble Nooks
Cost of Device: $80.00 each
Goal: Each teacher will be provided a class set of 25 Nooks to support differentiated reading in their classes
Cost of Nooks per classroom: $80.00 x 25= $2,000.00
Total cost of Nooks: $12,000.00
Balance Instructional Supplies-State: $2,075.00
Instructional Supplies Continued
● Each grade-level will be provided with a $1,000.00 yearly budget ($500/semester)o Papero Pencilso Notebookso Rulerso Etc
● Computer: $600.00/year ($300/semester)
● Art: $600/year ($300/semester)
● Music: $600/year ($300/semester)
● Media: $600/year ($300/semester)
Breakdown: $1,000.00 x 6= $6,000.00 + $600.00 + $1,800.00= $8,400.00
*$2,000.00 of the $2,075.00 from State funding went toward wish-list supplies
Instructional Supplies Summary
$12,000.00 + $8,400.00= $20,400.00 of $21,705.00
Nooks Supplies Total "Spent"Total Budget
Balances $1,230 from Instructional Supplies-State$75.00 from Instructional Supplies-Local
Total: $1,305.00
Title IThe Title I Funds received for Hope Creek
Elementary School will be allocated for the following:
2 Additional Teaching Positions 2 Additional Teaching Assistant Positions Additional Field Trip Funds Workshop/Professional Development E-books Ipads (5 for small group) Technological Support (including Applications) for Ipad EC Instructional Supplies Parent Involvement: Supplies/Materials Parent Involvement: Food
**All Title I Funds must be directly tied to and impact student achievement.
Title I Funds, Continued
Description
Cost Reasoning
2 Additional Teaching Positions
Salaries: $60,860.00
The SLT understands the importance of small class
sizes for both teachers and students. In order to best facilitate differentiated
instruction, building strong teacher-student relationships and communication among
teachers and parents we felt the addition of two teachers
was necessary.
Social Security: $4,655.80
Retirement: $8,660.38
Hospitalization: $10,384.00
Total cost for two teachers: $84,560.18.
Title I Funds, Continued
Description
Cost Reasoning
2 Additional Teaching Assistant Positions
Salaries: $45,900.00
The SLT understands the importance of support for the
faculty at Hope Creek Elementary School. In order
to best support our EC department and offer an
additional elective (computer) to support
student learning through online enrichment and
remediation programs, we felt the addition of two teacher assistants was
necessary.
Social Security: $3,511.36
Retirement: $6,531.58
Hospitalization: $10,384.00
Total cost for two teacher assistants: $66,326.94.
Title I Funds, Continued
Description
Budgeted Reasoning
Additional Field Trip Funds
$5,000 The SLT understands the importance of experience in regards to student learning. We felt as if the current field trip funding was inadequate and have allocated $5,000 of the Title I funding to support school sponsored field trips.
Title I Funds, Continued
Description
Budgeted Reasoning
Workshop/Professiona
l Development Funds
$12,000 The SLT understands the curriculum transition our
teachers are going through while moving to the common
core. All workshops paid through this funding will
need to meet required criteria and must be directly related to improving student
achievement.
Title I Funds, Continued
Description
Budgeted Reasoning
E-books $3,000 The SLT is aware of the Technology Pilot being
implemented regarding the Nooks. To best support this
pilot, new library books, including Accelerated Reader
books, will be purchased electronically with a school-
wide license.
Title I Funds, ContinuedDescriptio
nBudgete
dReasoning
Ipads (5 for small group)
$3,000 The SLT has elected to support the small group instruction occurring in the EC and AIG departments by purchasing a small group set of Ipads. These will be used to differentiate and offer different perspectives and ensure
success for all students at Hope Creek Elementary.
Technological Support
(including Applications) for
Ipad
$1,000 The SLT understands the potential of the Ipad initiative for small group use in the EC and
AIG departments. In order to ensure success with this initiative we are choosing to allocate
$1,000 for maintenance, repair and application (software) purchases.
EC Instructional Supplies
$1,000 The SLT is aware of the unique services the EC department renders to the entire school
community at Hope Creek Elementary School. Because of these services the SLT has
budgeted $500 a semester ($1,000 total) from the Title I fund to support the department to
be used for any instruction supplies the department needs.
Title I Funds, Continued
Description
Budgeted Reasoning
Parent Involvement:
Supplies/Materials
$600 The SLT believes in the importance of strong parent-teacher-student
relationships. To support and facilitate parent nights in each
grade level we are awarding $100 for each grade level to use for
supplies and materials.
Parent Involvement:
Food
$1200 The SLT understands the importance of fellowship over
meals in our community. To bring in the parents and community
$200 per grade level is currently budgeted for parents nights.
Additional funds may be reallocated, if needed.
Title I Funds, Summary
*****Remaining/Unallocated Funds: $2312.88
Description Cost
2 Additional Teaching Positions $84,560.18.
2 Additional Teaching Assistant Positions $66,326.94.
Additional Field Trip Funds $5,000
Workshop/Professional Development $12,000
E-books $3,000
Ipads (5 for small group) $3,000
Technological Support (including Applications) for Ipad
$1,000
EC Instructional Supplies $1,000
Parent Involvement: Supplies/Materials $600
Parent Involvement: Food $1200
TOTAL "SPENT" $177,687.12
Janitorial Supplies & Materials
Beginning Budget: $3,941.00
Fall (September-January): $1,200.00
Spring (February- May): $1,200.00
Summer (June-August): $1,500.00
Balance: $41.00
*Additional funds provided by PTO to support special events (open-house, awards ceremony, teacher appreciation, etc.)
Field Trips
Imagination Station Museum/Science on Wheels--Wilson, NC-Hands-on learning of science conceptsRationale: School Improvement Goal 2- Improve
student instructional performance in science and improve 5th grade science EOG scores.
Beginning Budget= $5,663.00Each grade level - one museum visit=$3941.00Each grade level-Science on Wheels Assembly Program=$775.00Fourth and Fifth Grade levels -Science on Wheels Discovery
Classes=$730.00Science on Wheels Mileage =$147.00
Balance= $70.00
School Office Supplies
The budget at Hope Creek Elementary School allows for $713.00 for office supplies during the school year.
At the start of the school year, each teacher was asked to provide a "wishlist" of office supplies that could be used to service their classroom throughout the school year.
The secretary is responsible for compiling the list and ordering and maintaining the stock of the necessary supplies.
School Office Supplies
The following office supplies are purchased from this fund:o pens/pencilso manila file folderso hanging file folderso Post-It noteso tape (masking and scotch)o envelopeso paper clipso white outo yellow clasp envelopes
Copier Services
Our school has a copy contract with Toshiba Business Solutions of the Carolinas to rent 3 copiers under a 36 month contract.
Each copier will cost $129.00 per month and this cost includes all maintenance charges and operating supplies except paper, staples and staple wire.
*contract accessed via NC E-Procurement
Copy Allocation per Teacher
Each copier has a 20,000 copy output.
Two copiers will be assigned for teacher use● 28 teachers are each allocated 1000
copies per month (500 on each copier)
One copier will be for office and EC use.
Copier Costs
The total copier budget is $8445.00
The rental cost of 3 copiers is $4,644.00
Cost for 80 cartons of paper is $3759.20(each carton contains 10 reams of paper)